These ASX 200 growth shares could rise 12% to 30%

Analysts think big returns could be on offer from these shares.

| More on:
Man drawing an upward line on a bar graph symbolising a rising share price.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Are you wanting to give your portfolio a lift with some quality ASX 200 growth shares? Then look no further!

That's because listed below are a few ASX shares that have been named as buys and tipped to grow strongly over the coming years.

Here's what sort of returns analysts are tipping from these shares right now:

Corporate Travel Management Ltd (ASX: CTD)

The first ASX 200 growth share to consider buying is Corporate Travel Management. It is a global leader in business travel management services.

Morgans remains bullish on the company despite its weaker-than-expected half-year results in February. The broker highlights that "if CTD delivers even close to its five-year strategy, the share price will be materially higher in time."

In light of this, Morgans thinks investors should buy and hold its shares while they're cheap. Though, it concedes that "the market may take time to rebuild its confidence in the outlook."

Morgans has an add rating and a $20.65 price target on the company's shares. This implies a potential upside of 32% for investors over the next 12 months.

Goodman Group (ASX: GMG)

Another ASX 200 growth share for investors to consider buying this month is Goodman Group. It is a leading integrated commercial and industrial property company.

Thanks to its strategy of developing properties in strategic locations close to large urban populations and in and around major gateway cities globally, it has been growing its earnings at a strong rate over the last decade.

The good news is that Macquarie believes this strong form can continue and is forecasting double-digit earnings growth in the coming years.

The broker currently has an outperform rating and a $34.84 price target on Goodman's shares. This suggests that a potential upside of 12% is possible for investors from current levels.

TechnologyOne Ltd (ASX: TNE)

A final ASX 200 growth share that could be a buy this month is enterprise software provider TechnologyOne.

Goldman Sachs is a big fan of the company and believes it is well-placed to continue its strong annual recurring revenue (ARR) growth for the foreseeable future.

For example, it feels that "the company is well placed to meet its A$500mn FY26 ARR target through a combination of SaaS flip uplift, net expansion and new customer growth."

Goldman has a buy rating and $18.05 price target on Technology One's shares. This implies a potential upside of 14% for investors over the next 12 months.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Corporate Travel Management, Goldman Sachs Group, Goodman Group, Macquarie Group, and Technology One. The Motley Fool Australia has positions in and has recommended Corporate Travel Management and Macquarie Group. The Motley Fool Australia has recommended Goodman Group and Technology One. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Growth Shares

happy investor, share price rise, increase, up
Growth Shares

2 top ASX growth shares for explosive potential in 2025

These stocks look exciting and compelling to me.

Read more »

A young man pointing up looking amazed, indicating a surging share price movement for an ASX company
Share Market News

Brokers say these ASX 200 growth stocks could rise 50% to 70%

Analysts think these shares could be dirt cheap and destined to generate big returns.

Read more »

happy investor, share price rise, increase, up
Growth Shares

3 fantastic ASX 200 growth shares to buy in 2025

Analysts have good things to say about these buy-rated shares.

Read more »

Smiling couple looking at a phone at a bargain opportunity.
Growth Shares

The ASX 200 stock with 'a $200 billion gross profit opportunity'

Experts believe this stock has excellent potential.

Read more »

A young girl and boy drinking milk in a garden setting
Growth Shares

2 ASX growth shares set to skyrocket in the next 12 months

These stocks have a lot of potential according to experts.

Read more »

A bearded man holds both arms up diagonally and points with his index fingers to the sky with a thrilled look on his face over these rising Tassal share price
Growth Shares

2 no-brainer ASX 200 shares to consider buying with just $1,000

Analysts rate these top stocks very highly. Let's find out why.

Read more »

A happy laughing surfer couple surfing together.
Growth Shares

If I were in my 20s, I'd buy these ASX shares for growth

I think these investments could be great picks for younger Aussies.

Read more »

Hand holding Australian dollar (AUD) bills, symbolising ex dividend day. Passive income.
Growth Shares

Invest $5,000 into these ASX 200 shares in 2025

Analysts think these shares could be top options for an investment in 2025.

Read more »